10-Year-Old Shopify CBD Brand | 65%+ Margins - Business for Sale
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Shopify CBD Product Brand with DTC and Wholesale in New York
New York, NY, US
Added 2 months ago
CBD Products Brand (DTC & Wholesale)
11 years in business
Remote
This New York-based business manufactures and sells CBD products, including oils, topicals, and pet items, through a Shopify direct-to-consumer store and a wholesale channel, with production and sourcing handled by a Colorado lab.
Key Information
Asking
$300K
Revenue
$246K
Earnings
$159K
Multiple
1.9x
Key Highlights
- Gross margins have ranged from 65% to 72% over the past three years.
- Business has been operating for 11 years.
- Owner works approximately 10 hours per week.
- Business offers 72 SKUs across 30 active products.
- Wholesale channel declined from 60 accounts pre-COVID to 7 active accounts.
- 17,500-person email list with a 30% open rate.
- Virtually zero returns and fewer than five chargebacks in 10 years.
- Production and fulfillment can be fully outsourced to a Colorado lab partner.
- Business is remote/relocatable.
Contact Info
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